JAMES C. HILL, Circuit Judge:
Jefferson Pilot Broadcasting Co. [Pilot], appellee, contracted with Hilary & Hogan, Inc. [Hilary] to produce a television commercial. Pilot fully performed; Hilary accepted Pilot's performance and promptly became insolvent. Unpaid, Pilot brought suit in diversity, 28 U.S.C. § 1332(a) (1976),
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